Expenditure-side Real GDP at Current Purchasing Power Parities for France
CGDPESFRA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,010,224.00
Year-over-Year Change
18.68%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures the expenditure-side real gross domestic product (GDP) of France, adjusted for differences in purchasing power between countries. It provides a standardized measure of France's economic output that allows for international comparisons.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The expenditure-side real GDP at current purchasing power parities (PPPs) for France represents the total value of all final goods and services produced within the French economy, adjusted to account for price level differences between France and a global reference. This metric is used by economists and policymakers to evaluate France's economic performance and competitiveness relative to other nations.
Methodology
The data is collected and calculated by the OECD using detailed national accounts and price data.
Historical Context
This trend is an important indicator for assessing France's economic standing and can inform trade, fiscal, and monetary policy decisions.
Key Facts
- France's 2021 expenditure-side real GDP at current PPPs was $2.98 trillion.
- This metric grew by 6.8% in 2021 compared to the previous year.
- France ranks 6th globally in terms of expenditure-side real GDP at current PPPs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of all final goods and services produced within the French economy, adjusted for differences in price levels between France and a global reference to allow for international comparisons.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of France's economic performance and competitiveness that can inform trade, fiscal, and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD using detailed national accounts and price data.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to evaluate France's economic standing and competitiveness relative to other nations, which can inform trade, fiscal, and monetary policy decisions.
Q: Are there update delays or limitations?
A: There may be update delays of several months, and the data is subject to periodic revisions by the OECD.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Current Purchasing Power Parities for France (CGDPESFRA666NRUG), retrieved from FRED.